Record date intimation for right issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Markobenz Ventures Limited (formerly Evergreen Textiles Limited) has fixed Wednesday, 28th May 2025 as the record date for its proposed rights issue. Eligible shareholders will be entitled to 5 new equity shares for every 2 fully paid-up equity shares held on record date. The company has filed this intimation with BSE under SEBI LODR Regulation 42.
Existing shareholders will need to hold shares by the record date to participate in the rights issue. The 5:2 ratio is a significant dilution event, meaning the company plans to issue 2.5 new shares for every existing share held, which may pressure the stock price depending on the issue price.